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This home is in Jacksonville.

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Active

Active·22 days on market

714 Jones Road

Jacksonville, FL 32220

$3,500,000$5609/sqftEst. $18,049/moMLS# 2098953

Beds

Baths

624

Sq Ft

1974

Built

—

Garage

Pool

About this home

Jacksonville

Prime opportunity! Seller is highly receptive to all qualified offers, and is open to flexible owner-financing options. This expansive 6.65 acre property is shovel-ready, presenting a versatile canvas for a variety of lucrative ventures. The site is ideally suited for a residential subdivision, a modern mobile home park, or a charming tiny home community, leveraging the increasing demand for diverse housing options. Beyond residential possibilities, its strategic location and clear expanse make it perfect for commercial uses such as truck, trailer, or RV storage, or even a secure boat storage facility. Adding to its inherent value, the property includes existing infrastructure from its previous use as a racetrack. On-site improvements feature a durable concrete block garage, an operational well, and a septic system, significantly reducing initial development costs. Furthermore, a unique building, formerly used as a tower for the track, this building has 2 bathrooms.

Cost to own

Mortgage calculator

Home Price

$3,500,000

Down Payment: 20%

$700,000

Interest Rate: 6.69%

Loan Term

Monthly Payment

$18,049

Principal & Interest: $18,049

Property taxes (est.): $5,715

Insurance (est.): $2,333

Estimated Total Monthly

$26,098

*30-year loan at 6.69% APR (avg 30-yr rate 2026-08-06, Freddie Mac PMMS via FRED). Taxes use the county effective rate; insurance is a rough estimate — Florida premiums swing with roof age and flood zone (see the Reality Check). Actual costs may vary.

Cost to own

True monthly cost

What this home actually costs per month at the asking price — not just the mortgage.

Principal & interest20% down · 6.69% · 30yr$18,049

Property taxesest. at asking price, Duval County$5,715

Estimated total, before insurance$23,764/mo

Seller’s 2024 tax billper the MLS — includes any CDD / assessments$4,952/yr · $413/mo

• Homeowners insurance is on top — in Florida it varies widely with roof age and wind/flood zone (see the Reality Check below). Budget it before you offer.
• In CDD communities (Nocatee, eTown, Seven Pines…), bond assessments are collected on the property-tax bill, and the amount varies home to home — a prior owner may have prepaid the bond — so we confirm this home’s exact line rather than trust a community average.
• Taxes are estimated at YOUR purchase price — Florida assessments reset on sale, so the seller’s current bill is usually lower than yours will be (that applies to the reference bill above too).

Cost to own

Taxes & assessment

Year	Market value	Taxable value	Change
2025	$243,665	$243,665	—
2024	$243,665	$243,665	—
2023	$243,838	$243,838	—
2022	$243,564	$243,564	▲ $79,800
2021	$103,082	$103,082	▲ $2,410
2020	$100,635	$100,635	—

2024 property taxes (current owner): $4,952/yr

Estimated taxes if purchased at asking price: ~$68,600/yr

Florida’s Save Our Homes cap limits how fast the current owner’s assessment can rise — and it resets when a home sells, so a buyer’s tax bill is typically based on the purchase price, not the seller’s bill above. Estimate uses the median effective rate across 3,305 current Duval listings and includes typical non-ad-valorem assessments; actual taxes depend on exemptions and taxing district. Sources: Florida DOR certified tax roll (2025), NEFMLS.

Storms & insurance

Florida Reality Check

The storm-and-insurance facts every Florida buyer should know up front.

Zone X — minimal flood hazard

Flood insurance is typically not required by lenders (always optional).

Flood damage is not covered by standard homeowners insurance — it’s always a separate policy.

Outside all hurricane evacuation zones

This location is not in a designated storm-surge evacuation zone.

Roof: Shingle — year not disclosed (home built 1974)

Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.

Likely septic · Private well (public record)

County records indicate an onsite septic system — budget a septic inspection before closing (typically $300–$500) and expect pump-outs every 3–5 years.

Source: Florida DOH Water Management Inventory (public record).

Solar potential: ~1,748 usable sun-hours per year

A strong solar roof by Florida standards — worth pricing panels if energy bills matter to you.

Krista can connect you with local insurance quotes before you make an offer.

Ask about this home

As of July 2026, this Reality Check is informational only — it draws on FEMA/FDEM hazard layers, Florida DOH water records, and the listing’s own fields at this property’s coordinates. None of it is a determination, survey, or inspection, and public records can lag or conflict with on-site conditions. Independently verify anything you’ll rely on: the flood zone at msc.fema.gov and floridadisaster.org/knowyourzone (and confirm flood-insurance cost with your lender and a licensed insurance agent), and the sewer/septic, roof, and utilities with a professional inspection.

History